Veto Switchgears and Cables Q3 FY24 Results
Veto Switchgears and Cables has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:
Revenue Analysis
- Current Quarter Revenue: Rs. 82.05 Cr
- Quarter-on-Quarter (QoQ) Change: 14.52% (Previous Quarter: Rs. 71.64 Cr )
- Year-on-Year (YoY) Change: 14.48% (Same Quarter Last Year: Rs. 71.67 Cr )
Profitability Metrics
- Net Profit: Rs. 4.89 Cr
- QoQ Profit Change: -19.18% (Previous Quarter: Rs. 6.05 Cr )
- YoY Profit Change: 3.83% (Same Quarter Last Year: Rs. 4.71 Cr )
Shareholder Returns
- Earnings Per Share (EPS): Rs. 2.56
- QoQ EPS Change: -18.99% (Previous Quarter: Rs. 3.16)
- YoY EPS Change: 4.07% (Same Quarter Last Year: Rs. 2.46)
Performance Summary
Moderate Growth
Veto Switchgears and Cables had moderate growth, with sales increasing more than profits. They're selling more but might need to manage costs better.
This analysis provides a snapshot of Veto Switchgears and Cables's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.
Disclaimer:
This information is for informational purposes only. Please reverify all details from official sources before making any financial decisions. The accuracy and completeness of this data cannot be guaranteed.